FTX Gets Court Approval to Sell Crypto Assets

According to breaking information, bankrupt cryptocurrency exchange FTX has received the necessary permission to sell its cryptocurrency assets.

With the news, there was a sudden decrease of 0.59% in the Bitcoin price and approximately 2% in Solana, which is said to be most affected by liquidations.

It was reported that the most current status of FTX’s cryptocurrency assets is as follows:

• Solana (SOL) valued at $1.16 billion
• Bitcoin (BTC) worth $560 million
• Ethereum (ETH) worth $192 million
• APT worth $137 million
• USDT worth $120 million
• XRP worth $119 million
• BIT worth $49 million
• STG worth $46 million
• WBTC worth $41 million
• WETH worth $37 million

*This is not investment advice.